trending Market Intelligence /marketintelligence/en/news-insights/trending/SYIZtQ3A_EEJMMyZUEAL8g2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Meiwa Industry fiscal Q1 profit falls YOY


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Investment Banking Essentials Newsletter: June Edition


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Meiwa Industry fiscal Q1 profit falls YOY

Meiwa Industry Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 was ¥31.03 per share, a decline of 26.9% from ¥42.45 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥83.1 million, a decrease of 26.9% from ¥113.8 million in the prior-year period.

The normalized profit margin fell to 1.6% from 2.4% in the year-earlier period.

Total revenue rose 5.2% year over year to ¥5.05 billion from ¥4.80 billion, and total operating expenses rose from the prior-year period to ¥4.89 billion from ¥4.76 billion.

Reported net income declined 49.2% on an annual basis to ¥66.0 million, or ¥24.64 per share, from ¥130.0 million, or ¥48.52 per share.

As of Aug. 4, US$1 was equivalent to ¥102.45.